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Rankings › Housing Affordability › Indianapolis-Carmel-Greenwood, IN

Indianapolis-Carmel-Greenwood, IN #24

87.6 composite of 100 Based on 85% of intended metrics

M
Mayor of Indianapolis-Carmel-Greenwood, IN
Verified official record pending sourced load.
Income needed to afford median home (at current rate)60,086 · Freddie Mac PMMS 6/18/2026 (6.47%) ·
89.3
Price-to-income ratio3.57 · ACS 1-year 2023 ·
85.7
Median home price278,200 · ACS 1-year 2023 ·
89.3
Rent-to-income18.6% · ACS 1-year 2023 ·
84.6
Monthly mortgage payment (median home)1,402 · Freddie Mac PMMS 6/18/2026 ·
89.3
Not yet sourced: Building permits per capita (Census Building Permits Survey file ingest pending); Months of inventory (Realtor.com feed pending).